Shari Redstone
Courtesy of ViacomCBS
United States
2020

ViacomCBS

Shari
Redstone

Chairman

Redstone finally pushed through the merger of CBS and Viacom in August 2019 after several failed attempts – a show of will reminiscent of her father Sumner Redstone, who had long reigned over both companies (he died in August 2020 at the age of 97). She was named chairman of ViacomCBS once the deal closed in December 2019, but she is dealing with a diminished empire. Pre-merger, the companies had a combined value of more than $30 billion; as of November 2020, the merged company is valued at $19.7 billion, lending some strength to a pending shareholder class action lawsuit questioning the motivation for the merger. Redstone’s next move could see her buy or merge ViacomCBS with another player.

Career

  • ViacomCBS
  • National Amusements
  • Advancit Capital

Education

  • Tufts University (MA, USA)
  • Boston University (MA, USA)

Variety Honors

  • 2017 Variety500 Honoree
  • 2018 Variety500 Honoree
  • 2019 Variety500 Honoree
  • Variety Power of Women
  • Women's Impact
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The Chainsmokers, Tony Hawk Take Stakes in Social-Investing App Public as Part of $65M Round

The Chainsmokers, Tony Hawk Take Stakes in Social-Investing App Public as Part of $65M Round

Public.com, the social stock-investment app startup, tapped more celebrity backers for its $65 million Series C funding round.Among those are pro skateboarder Tony Hawk and EDM-pop duo the Chainsmokers, through their Mantis VC fund. Venture-capital firm Accel led the round for the third consecutive time, joined by Lakestar and prior investors Greycroft and Shari Redstone's Advancit Capital.Other individual investors in Public.com's Series C are Dick Parsons, former head of Time Warner, and NYU business professor Scott Galloway, who invested seven...

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